Peru and Colombia’s resilience in the face of the financial crisis has helped the two Andean countries emerge as among the most attractive investment opportunities in Latin America.
Bankers expect both to remain prominent on investors’ radar screens thanks to strong growth rates and relative political stability.
“Colombia and Peru have emerged as the frontier markets of Latin America, demonstrating significant growth potential and an appropriate risk-return profile. Less mature than Chile and Mexico, these markets together provide very interesting investment banking opportunities,” says Ricardo De Bedout, managing director and head of investment banking for the Andean and CAC region at Bank of America Merrill Lynch.
Across the border
One of the most interesting trends, adds De Bedout, is the growing cross-border business between the two countries.
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